Business For Sale

24 Hr. Fitness Center

Not Disclosed, OK
Pottawatomie County


Asking Price: Annual Revenue:
$270,000 $342,787

Recreation: Gyms, Health & Fitness, Sports


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RE: 24 Hr. Fitness Center Broker: Geary Welch

Quick Facts

Asking Price: $270,000
Annual Revenue: $342,787
Net Profit: Not Disclosed
Cash Flow: $74,676
Total Debt: Not Disclosed
FF&E: $343,486
Real Estate: Not Disclosed
Year Established: 2000
Employees: 4
BBN Listing #: 36414955
Broker Reference #: 6501-13971

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Business Overview:

Would you like to have fun while making money and also staying fit? Finally an opportunity to own a franchise gym at an affordable price, without the initial major start-up cost. This well-maintained Franchised 24 hour gym is located in the greater OKC area occupying space within a premier strip mall positioned on a busy thoroughfare. Because of the unique structure of this franchise system, you can easily operate the business with a minimal number of employees and still have time for other outside interest. This business offering presents a terrific opportunity to take over an established club with an existing member base upon which to build and take to the next level. Open 24 hours a day, 365 days a year, it prides itself on providing its members with personable service in convenient and well-maintained facilities which feature top-quality exercise equipment. This world-wide franchise is #1 on many lists and continues to grow. This is the first 24 hour fitness facility on the market, where each member gets his/her own electric security key fob, for entrance 24 hours a day, 7 days a week, 365 days a year, meaning low staffed hours with fewer headaches. This 650 plus member gym is growing and has plenty of room for expansion. This business is equipped with State-of-the-art security and surveillance systems to ensure member safety, even during unstaffed hours at the clubs 24-hour access, convenient parking, anywhere club access, tanning, personal training, cardio TV's, private restrooms, private showers.

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Property Features and Assets:

At 5600 sq ft, this location is sizable. The Fitness Center has 2 private shower/restrooms, 2 additional restrooms, 2 offices, 3 flat screen TV's and 11 Cardio machines with TV consoles. In addition, this fitness center features top of the line commercial exercise equipment, a tanning bed, individual shower rooms and restrooms. Option to expand is available and a lease with options. The Real Estate is available and offered separately for $750,000.00. Assets: $354,826

Market Competition and Expansion:

The market for health and fitness is not only large and continuously growing but it is also gaining traction not only with young people, but with persons of all ages as health insurance agencies are now encouraging everyone to have a membership. While competition is out there and always will be, this franchise is #1 on Forbes and will continue to thrive due to its brand recognition, quality and support. Open 24 hours a day, 365 days a year, this fitness center prides itself on providing its members with surprisingly personable service in convenient and well-maintained facilities which feature top-quality exercise equipment. There are great opportunities for growth in personal training, membership sales, group exercise and supplement sales. This Fitness center prides itself on providing its members with convenient fitness options and friendly, personal service in well-maintained facilities which feature top-quality exercise equipment. The franchisor promotes nationally but many opportunities exist to promote locally. A new Buyer could offer Boot Camps and retail health food and nutrition supplements to increase revenues.

Reason for Selling:

Other business interests.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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